Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. please male sure the answer is correct and explain

Please male sure the answer is correct and explain how you got it, thanks! ...

50.1K

Verified Solution

Question

Finance

Please male sure the answer is correct and explain how you got it, thanks!
image
E-Eyes com has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend will not bepaid until 20 years from today. If you require a retum of 8.25 percent on this stock, how much should you pay today? Note: Do not round intermediate calculations and round your onswer to 2 decimol places, e.g., 32.16

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

8.00g of NaOH are dissolved in water to make 3.00L of solution. What is the concentration...

Chemistry
Q

Which of the following processes are involved in the regeneration of the NAD+ pools? MARK ALL...

Biology
Q

A particle moves once counterclockwise about the triangle with vertices (0, 0), (4, 0) and (1,...

Mechanical Engineering
Q

Genetic drift can best be defined as OA a change in the allelic frequency within...

Biology
Q

Solve this system of equations 2x 4y 20 x 4

Algebra
Q

help asap please Acquisition Cost of Long-tived Assets Required From...

Accounting
Q

On the topic of Cost Volume Profit, explain why it is difficult or hard to...

Accounting
Q

Which one very important "asset is usually missing from the financial statements of corporations

Accounting
Q

Blink, Inc. tiene 1,000 acciones de $10 a la par, 5% de acciones preferentes y...

Accounting
Q

During the current fiscal year, the gateway city government recorded a $515,000 transfer from the...

Accounting
Q

"If input data are entered into the system completely and accurately, then the information process...

Accounting
Q

Based on the statement of financial position given for Birtle: o. Calculate the current ratio...

Accounting